Archive for March 22nd, 2019

China chemical plant explosion death toll reaches 44, with 90 injured

China chemical plant explosion death toll reaches 44, with 90 injured

22-Mar-2019 Intellasia | South China Morning Post | 10:44 AM

The chemical plant blast in China’s Jiangsu province on Thursday, which packed the force of a minor earthquake, has killed at least 47 people, left 32 in a critical [...] » More

Business Briefs 22 March 2019

22-Mar-2019 Intellasia | | 9:16 AM

* HCMC Infrastructure Investment Corporation (CII) has successfully issued VND1.15 trillion worth of Vietnam dong denominated inconvertible bonds with a coupon of 7.2% per [...] » More

Asian shares gain as Fed says it will hold off on rate hikes

22-Mar-2019 Intellasia | AP | 6:00 AM

Shares advanced across Asia on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index rose 0.9 percent [...] » More

HK residents are least optimistic in 25 years, poll shows

22-Mar-2019 Intellasia | CNBC | 6:00 AM

Hong Kong residents have the least confidence about the future in 25 years, amid rising levels of distrust between the local and central government, according to a survey. [...] » More

HK property mogul Thomas Kwok released after more than three years in prison for bribery

22-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

Property mogul Thomas Kwok Ping-kwong walked out of Hong Kong’s maximum-security Stanley Prison on Thursday morning, having served most of a five-year jail term for [...] » More

HK chiropractor jailed for 15 months for indecently assaulting young woman during three days of treatment freed on appeal

22-Mar-2019 Intellasia | South China Morning Post | 6:00 AM

A chiropractor jailed for molesting a young patient in Hong Kong cleared his name on Wednesday, after convincing an appeal court the treatment he carried out was necessary. [...] » More

Taiwan president to visit Hawaii amid China pressure

22-Mar-2019 Intellasia | Reuters | 6:00 AM

Taiwan President Tsai Ing-wen will visit Hawaii next week on a tour of diplomatic allies in the Pacific, official media said on Thursday, a move likely to anger China, which [...] » More

Solomon Islands look beyond Taiwan alliance as election looms

22-Mar-2019 Intellasia | Reuters | 6:00 AM

As politicians hit the hustings across the Solomon Islands two weeks out from a general election in the South Pacific archipelago, the loyalty of one of Taiwan’s few [...] » More

Court reviews arrest request on K-pop singer Jung Joon-young

22-Mar-2019 Intellasia | AP | 6:00 AM

K-pop singer Jung Joon-young was attending a South Korean court hearing Thursday on whether a warrant will be issued for his arrest on allegations he illegally shared [...] » More

Korea to cut stock transaction tax this year

22-Mar-2019 Intellasia | Reuters | 6:00 AM

South Korea’s finance ministry and top market regulator said on Thursday they will cut the tax rate for stock trading this year in an effort to support domestic equity [...] » More

GXC logs onto Bithumb, Korea’s largest digital-currency exchange

22-Mar-2019 Intellasia | Prnewswire | 6:00 AM

On 2019 March 21 (GMT+9), Bithumb, South Korea’s largest digital-currency exchange, announced the launch of GXC Exchange, following up on GXC’s continuing [...] » More

Korean watchdog cuts fine on Qualcomm after decade-old legal battle

22-Mar-2019 Intellasia | Reuters | 6:00 AM

South Korea’s antitrust regulator has lowered a decade-old penalty imposed on US chipmaker Qualcomm Inc by 18 percent to $200 million, the Korea Fair Trade Commission [...] » More

Korea spycam scandal: more than 1,500 hotel guests secretly filmed and streamed live on the internet

22-Mar-2019 Intellasia | The Telegraph | 6:00 AM

More than 1,500 hotel guests in South Korea were found to be unwitting performers for a community of online voyeurs in rooms carefully rigged with tiny cameras hidden in [...] » More

Qualcomm sees Korean antitrust fine lowered to $200M

22-Mar-2019 Intellasia | Appleinsider | 6:00 AM

South Korea’s Fair Trade Commission on Thursday reduced damages in a decade-old antitrust case involving Qualcomm, with the US chipmaker now facing penalties that [...] » More

Bank of Korea chief says Fed’s shift eased uncertainties; sees no rate cut for Korea yet

22-Mar-2019 Intellasia | Reuters | 6:00 AM

South Korea’s central bank chief said on Thursday the US Federal Reserve’s decision to abandon projections for any interest rate hikes this year eased [...] » More